Sprylogics Welcomes Recognized Keynote Speakers and Over 50 Global Participants to Its Upcoming International Intelligence and Anti-Money Laundering Conference

    TORONTO, Oct. 24 /CNW/ - Sprylogics International Corp. (TSX Venture:
SPY), a provider of intelligence based risk mitigation software and services
announced today that the upcoming international conference titled "Money
Laundering & Terrorism - Exploring Technological Solutions", will be
officially opened by The Honorable Judith Jones-Morgan, Attorney General of
St. Vincent and the Grenadines. The conference, hosted jointly by Sprylogics
and the Financial Intelligence Unit ("FIU") of the government of St. Vincent
and the Grenadines, will take place on the Island of St. Vincent and the
Grenadines on November 13-14, 2007.
    Sprylogics International Corp. is also pleased to announce that Mr. Brent
Baker, a member of the Litigation department at Parsons Behle & Latimer, will
also be addressing the conference participants. As a former Special Counsel at
the United States Securities and Exchange Commission, Mr. Baker prosecuted a
wide range of securities violations, and also served as a Special Assistant
United States Attorney for the U.S. Department of Justice. Mr. Baker also has
substantial experience counseling financial services entities on anti-money
laundering issues.
    Over 50 participants from government, law enforcement agencies, and FIU's
located in Eastern Caribbean, as well as regional and international financial
institutions across seven countries will attend this year's conference.
    A number of government agencies in the Caribbean including the FIU's of
St. Vincent and the Grenadines, St. Lucia, British Virgin Islands and Cayman
Islands are currently using anti-money laundering technology solutions
developed by Sprylogics.

    About Sprylogics International Corp.

    Sprylogics develops intelligence based analytical solutions and content
for enhanced risk analysis and investigative research in the regulatory, law
enforcement, government, financial services, investment and private sectors.
Our technological solutions enable our users to methodically collect, analyze,
discover and report large amounts of raw data and transform that data into
analyzed and actionable intelligence. Our content solutions enable our users
to identify non-obvious financial risks based on the Social Network Analysis
of companies, individuals and other entities.
    Certain statements in this press release may constitute "forward-looking"
statements which involve known and unknown risks, uncertainties and other
factors which may cause actual results, performance or achievements of
Sprylogics International Inc. (the "Company") to be materially different from
any future results, performance or achievements expressed or implied by such
forward-looking statements. When used in this press release, such statements
use such words as "may," "will," "expect," "anticipate," "project," "believe,"
"plan" and other similar terminology. The risks and uncertainties are detailed
from time to time in reports filed by the Company with securities regulatory
authorities to which recipients of this press release are referred for
additional information concerning the Company, its prospects and the risks and
uncertainties relating to the Company and its prospects. New risk factors may
arise from time to time and it is not possible for management to predict all
of those risk factors or the extent to which any factor or combination of
factors may cause actual results, performance and achievements of the Company
to be materially different from those contained in forward-looking statements.
Given these risks and uncertainties, investors should not place undue reliance
on forward-looking statements as a prediction of actual results. The
forward-looking information contained in this press release is current only as
of the date of this press release. There should not be an expectation that
such information will in all circumstances be updated, supplemented or revised
whether as a result of new information, changing circumstances, future events
or otherwise.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

    %SEDAR: 00021389E

For further information:

For further information: Avi Shachar, President, Sprylogics
International Corp., (416) 221-5119 ext 24 or avi@sprylogics.com

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